Welcome to the InfoSci Platform
Reference Hub2
Exploring Global Fintech Advancement and Application: Case of Saudi Arabia, Turkey, and Qatar

Exploring Global Fintech Advancement and Application: Case of Saudi Arabia, Turkey, and Qatar

Behzad Najafi, Mohsen Amra, Amir Najafi
Copyright: © 2024 |Pages: 54
ISBN13: 9798369315613|ISBN13 Softcover: 9798369346228|EISBN13: 9798369315620
DOI: 10.4018/979-8-3693-1561-3.ch007
Cite Chapter Cite Chapter

MLA

Najafi, Behzad, et al. "Exploring Global Fintech Advancement and Application: Case of Saudi Arabia, Turkey, and Qatar." Exploring Global FinTech Advancement and Applications, edited by Hamed Taherdoost, et al., IGI Global, 2024, pp. 158-211. https://doi.org/10.4018/979-8-3693-1561-3.ch007

APA

Najafi, B., Amra, M., & Najafi, A. (2024). Exploring Global Fintech Advancement and Application: Case of Saudi Arabia, Turkey, and Qatar. In H. Taherdoost, N. Le, M. Madanchian, & Y. Farhaoui (Eds.), Exploring Global FinTech Advancement and Applications (pp. 158-211). IGI Global. https://doi.org/10.4018/979-8-3693-1561-3.ch007

Chicago

Najafi, Behzad, Mohsen Amra, and Amir Najafi. "Exploring Global Fintech Advancement and Application: Case of Saudi Arabia, Turkey, and Qatar." In Exploring Global FinTech Advancement and Applications, edited by Hamed Taherdoost, et al., 158-211. Hershey, PA: IGI Global, 2024. https://doi.org/10.4018/979-8-3693-1561-3.ch007

Export Reference

Mendeley
Favorite

Abstract

The strategic emphasis of financial service providers on leveraging new technologies to enhance the accessibility and quality of financial services has given rise to the FinTech concept. The growing economies of Saudi Arabia, Qatar, and Turkey have actively embraced FinTech development in recent years. This chapter comprehensively examines the state of FinTech in these nations, offering insights into current dynamics and future trends. Evaluations underscore that banking and payment services are pivotal sectors in these countries' FinTech endeavors. However, concerns persist, particularly regarding legal frameworks and security risks associated with user financial transaction data. The financial and regulatory support extended by Saudi Arabia, Qatar, and Turkey to FinTech companies has spurred rapid growth in recent years. This upward trajectory is anticipated to persist, with these countries increasingly relying on technology to propel advancements in financial services.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.